Tag Archives: xom

Exxon Makes Big Bet On Algae Biofuel With Craig Venter’s Synthetic Genomics

Ok, $600 million for Exxon is pocket change, but for most companies it’s a big investment, particularly when you’re discussing algae biofuels.  Exxon announced today they’ll put in $600 million over five years in a partnership with privately held Synthetic Genomics to develop transportation fuels from algae.  As an interesting side note, Synthetic Genomics was founded in part by Craig Venter who was instrumental in mapping the human genome and has been listed by … Read the rest